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Jim Luebke
Zeihan on Geopolitics
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Comments by "Jim Luebke" (@jimluebke3869) on "The Chinese Housing Crisis: Evergrande’s Bankruptcy || Peter Zeihan" video.
"TARP allowed the market to heal" Er, no. TARP allowed young people to be priced out of the market more or less permanently. This is part of America's current demographic disaster The fact that housing starts are no longer pointed to as an economic metric, in addition to the truly massive influx of ilegall immignarts, is causing even more trouble. The biggest question on most home buyers' minds, however, should be: "Which will collapse first: the dollar, or the housing market?" If you can afford to buy a house at all, that is.
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@woobilicious. More than one thing can be true. TARP and quantitative easing both pushed in this same disastrous direction.
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